Tag Archives: Scotiabank

Listen to this article Estimated 4 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Maintenance workers at Halifax’s Scotiabank Centre made a fitting discovery in a freight elevator over the …

Jordon Judge’s cellphone rang as he sat in his local Vancouver coffee shop last October — caller ID said the person was from Scotiabank. He had no idea it was actually a fraudster who had manipulated the call display, a practice known as phone call “spoofing.” The fraudster said he …

Canada’s Bank of Montreal on Tuesday reported quarterly profit below analysts’ estimates, its sixth miss in a row, hurt by weakness in its U.S. retail segment and as the lender made bigger than expected provisions for potential bad loans. Meanwhile, peer Bank of Nova Scotia, Canada’s fourth largest bank by …

Descrease article font size Increase article font size Scotiabank says a “technical issue” has left some customers’ payments, including direct deposits, not being put into their accounts. Friday morning, posts on X started to flood in with customers asking the bank where their paycheques were and some turning to the …

Earnings week for Canada’s biggest banks saw the country’s major lenders move in lockstep ahead of a projected economic downturn, with each putting more money away for a possible rise in credit losses. Experts say the more expensive cost of borrowing in Canada and the possibility of job losses could …

Canadian bank stocks have been riding a wave of investor optimism so far this year, but analysts say the first-quarter results that start arriving later this week will be a reminder of the mixed economic picture ahead. On the positive side are the signs of easing inflation and job reports …